Hecla Mining Company (NYSE:HL) trades flat, Sequenom Inc (NASDAQ:SQNM)

Posted by Lynn Eisler May 14, 2013 0 Comment 1000 views


Miami, FL 05/14/2013 (GDPInsider) – Hecla Mining Company (NYSE:HL) is hovering at $3.17 after making its intraday high of $3.24 and a low of $3.13 respectively. The day’s trading volume of the company is about 1.1 million, the average volume of Hecla as measured over the past 30 days is close to 6.62 million. The relative volume of Hecla calculated taking past 3 months volume is 0.61. The short float percentage is 9.20% of the total share float of 283.48 million. The short ratio of the company is currently at 4.12. The share price at current level is trading below its 50 day SMA of $3.67 and also below its 200 day SMA of $5.15. The total dollar value of all the company’s 285.19 million outstanding shares is currently is $904.06 million; this is a measure of corporate size of Hecla. The return on asset of the company is 1.08%, this is a positive sign on the company’s efficiency to use its assets.

Is HL a solid investment at these levels? Get valuable updates and exclusive insights here.

Sequenom, Inc (NASDAQ:SQNM) is hovering at $4.30 after making its intraday high of $4.32 and a low of $4.16 respectively. The day’s trading volume of the company is about 1.17 million, the average volume of Sequenom as measured over the past 30 days is close to 2.69 million. The relative volume of Sequenom calculated taking past 3 months volume is 1.82. The short float percentage is 32.60% of the total share float of 114.55 million. The short ratio of the company is currently at 13.24. The share price at current level is trading above its 50 day SMA of $4.02 and also above its 200 day SMA of $3.99. The total dollar value of all the company’s 115.15 million outstanding shares is currently is $491.69 million; this is a measure of corporate size of Sequenom. The return on asset of the company is -60.20%, this is a negative sign on the company’s efficiency to use its assets.

The stock was upgraded by Credit Suisse to “Neutral” from “underperform”.

Vamil Divan an analyst ungraded the stock from “Neutral” from “underperform”. He has further raised the target price of the stock to $4.50 from $4.00.

How Should Investors Trade SQNM Now? Get the latest trends and data here.

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About Lynn Eisler

Lynn Eisler is a national news reporter focusing on economic issues, data analysis and the financial health of state and local governments. Lynn has been honored with the H.L. Mencken Award for Investigative Reporting, the Champion of Justice Award for reporting on the drug war, and the John Hancock Award for business reporting. Lynn was also a Knight Medical School Fellow at the University of Michigan.

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